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Retail Property (high street) for sale

Stepney Street, Llanelli, Carmarthenshire, Mid Wales, SA15

Sold STCM 2,900 sq. ft. | £125,000

Property Description

Commercial information

  • 2,900 sq ft (269 sq m)

Full description

Tenure: Freehold

FOR SALE BY PUBLIC AUCTION Tuesday 6th December 2016 - 5pm at Park Inn Hotel, Circle Way East, Llanedeyrn, Cardiff, CF23 9XF.

A prime freehold town centre retail investment on the main retailing street of the town which is characterised by both national and local occupiers including Boots the Chemist, EE, Holland & Barrett and Home Bargains amongst others. We are advised that the floor area is approximately 2,900 sq.ft or thereabouts with the ground floor sales area occupying approximately 1,800 sq.ft.

The ground floor shop benefits from a modern glazed display frontage with the property having painted rendered elevations to the first and second floors beneath a pitched tiled covered roof. The rear of the store has a flat felt roof.

The property offers a good investment opportunity.

Accommodation:

GF: Open plan sales area, service counter and ancillary storage.
FF: Landing, storage room, kitchen area, w.c and sink.
SF: 3 storage rooms.

Tenancies: The entire property is let to Mr Amit Rohan whose business is Cash AT Maxx on a
lease of 10 years from 11th September 2011 on FRI terms at a current rent
(commencing September 2016) of 15,000 per annum. Please refer to the lease and
legal pack for further information.

Tenure: Presumed Freehold - please refer to legal pack for verification of tenure.

Viewing: Strictly by appointment with Auctioneers Office, Seel & Co Ltd (029) 2037 0117

PLEASE NOTE:
VAT IS PAYABLE IN ADDITION TO THE PURCHASE PRICE

Guide Price: 125,000+

Please refer to legal pack and auction catalogue prior to bidding.

Please be aware that we do not accept credit or debit card and you cannot bit without having a deposit.


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Disclaimer - Property reference DEC16-Lot20. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Seel & Co Ltd, Cardiff - Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Seel & Co Ltd, Cardiff - Auctions on 029 2037 0100.


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